Bitgert has burned 7.4 trillion BRISE tokens, valued at approximately $4.5 million, as announced on April 27, 2025. The move aims to reduce circulating supply and stabilize BRISE's price at $0.0000000641, aligning with Bitgert's broader strategy to reinforce market dynamics.
Despite the significant burn, market response remained muted, with minimal price fluctuation. Analysts note that while such burns often generate short-term optimism, lasting impact requires greater transparency—an area where Bitgert continues to face community criticism due to its anonymous leadership team.
This latest burn mirrors past efforts, such as during the launch of Bitgert’s zero gas fee BRC20 blockchain, where short-lived price spikes were followed by corrections. Experts emphasize that while deflationary tactics can support momentum, Bitgert’s long-term growth hinges on stronger engagement and clarity regarding its leadership structure.
Bitgert reiterated its commitment:
"Our community is our strength; we continue to develop and expand our ecosystem."
Whether the burn will drive sustained value depends largely on Bitgert’s ability to address the ongoing transparency concerns surrounding its project leadership.
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